Hi, I have to compute the cost of goods purchased and the cost of goods sold but my figures are incorrect. What am i doing wrong? I also have to figure out how to make an income statement...

Requirements 1. Compute (a) the cost of goods purchased and (b) the cost of goods sold. 2. Prepare the income statement for 2017. Requirement 1. Compute (a) the cost of goods purchased and (b) the cost of goods sold. (a) Calculate the cost of goods purchased by completing the schedule. (If a box is not used in the schedule, leave the box empty; do not select a label or enter a zero.) Mike Department Store Schedule of Cost of Goods Purchased For the Year Ended December 31, 2017 (in thousands) Transportation-in 8000 Add: Purchases 150000 158000 Deduct: Purchase return and allowances 6000 Purchase discounts 9000 15000 Cost of goods purchased 143000i Data Table - X Marketing, distribution, and customer-service costs $ 37,000 Merchandise inventory, January 1, 2017 23,000 Utilities 16,000 General and administrative costs 44,000 Merchandise inventory, December 31, 2017 33,000 Purchases 152,000 Miscellaneous costs 2,000 Transportation-in 7,000 Purchase returns and allowances 6,000 Purchase discounts 5,000 Revenues 310,000 Print Done